Current through Vol. 24-19, November 1, 2024
Section R. 390.831 - DefinitionsRule 1. As used in these rules:
(a) "Act" means Act No. 313 of the Public Acts of 1966, as amended, being S390.991 et seq. of the Michigan Compiled Laws.(b) "Authority" means the Michigan higher education assistance authority.(c) "Award" means a tuition grant award.(d) "Default" means failure to comply with the terms of a loan guaranteed by the authority so that the authority finds it necessary to reimburse the original lending institution for the balance of the loan.(e) "Full-time" means a student enrolled for 12 or more semester credit hours or equivalent in trimester or quarter hours or the equivalent of 24 semester hours or 36 quarter hours per academic year for institutions using credit hours to measure progress, but not using semester, trimester, or quarter hours.(f) "Independent, nonprofit college or university" means a Michigan independent college or university eligible for listing in the "Directory of Michigan Institutions of Higher Education," published by the Michigan department of education.(g) "Parent" means the mother, father, mother and father, or adoptive parents.(h) "Part-time" means a student enrolled for not less than 6, but not more than 11, semester credit hours, trimester, or equivalent in quarter hours or at least 1/2 the credit defined as full-time in subdivision (e) of this rule.Mich. Admin. Code R. 390.831